Short now because price bring X2.5 profit for those who buy from the Weekly SMA400 (pink line) + Many other tools like gap+fibo e level
Can easy go now to a new low
Target round number 2000 and Daily SMA200
Price end Big AB=CD then make a sneak attack and now we got a blue engulfing candle that probably will be deleted Price can easily go under the D point of the AB=CD and then go to retest the daily Sma200 I also post shorts at DJ30 and Nas100 , all show strong tools that price need 2 go down. Also, more tools that I don't have here at this chart are showing me that...
Many tools show me that price can easily now going to retest the trendline and even break it to the downside.
Price build good support from the trendline and need 2 go up We got buy2 if the market will make a sneak attack to a new low before going up.
After big up move that breaks much resistance, price again on super strong resistance and can easily start to fall hard with big reds candles
EURUSD can make easily a down move from sma300 to sma200 from sma400 to sma200 or a sneak attack above it and then fall Take profit is 2 levels under the short position For Example Take profit of short 3 is short1 Take profit of short 4 is short 2 Same size any position you enter *Price also can fall from SMA300 to a new low.
4 buy positions the same size. Any Take profit is 2 levels above the buy position. Example: Take profit of buy 4 is buy 2 Also, you get money on swaps.
EURGBP can go easily to SMA200 weekly chart From Sma400/300 to Sma200 Price touches the sma300/400 and makes a nice blue Engulfing candle This Engulfing candle get a new high, and now the trade need to end at the Weekly Sma200
NIKKEI225 can easy go down now to end the Gartley pattern and test the blue Trendline and the SMA200 there.
Palladium After a big up move get to a very very strong resistance Price end AB=CD then make another CD leg, now gonna fall This trade has a very high success rate to Take profit 1
So we got nice pattern for long now, buy1 now buy2 on the breakout Take profit 1 the high of the pattern 14K Take profit 2 all-time high I add stop loss but not have to use it because sma200 sma300 there to support the price if fall there, can buy there BUY3 and let market back to 7k and close profit. Its a long time positions...
Price can easily now back to the 2 blue Trendlines
So short now Take profit 2 levels of down move: For example, Take profit of short 4 is short 2 Close all positions when price down 2 level
Price end ab=cd and this down movement was out of an up move of 200 pips So now expected to up by 100-400 pips. Buy2 like in the photo if price makes a sneak attack to a new low.
Price after a big up move and now is the time for a down movement Many other tools support this Short Position!
GBP MAKE BIG GAP THAT NEEDS TO BE CLOSED NOW PRICE AFTER AB=CD THAT END ON SMA 200 300 400 THEN BIG SNEAK ATTACK TO LAST BOLLINGER BAND (20,4)